Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This ...

A $1.5 billion joint venture between Occidental Petroleum and Ecopetrol, Colombia’s state-run oil company, has been cast in doubt after the two companies agreed to an extension. A day after the ...

ERCOT's Capacity, Demand and Reserves Report forecasting the next five years is set to be released this month.

Following its $22.5 billion deal to buy Marathon Oil, ConocoPhillips is targeting $2 billion in asset sales— a goal a company ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Element3 is currently commissioning its full-scale lithium carbonate plant. This facility will enable the company to process the abundant lithium resources present in the region's oil and gas ...

Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...

The Permian Basin Science and Engineering Fair is coming up Feb. 15 at the University of Texas Permian Basin Gym. Douglas Young, UTPB senior lecturer in the Department of Chemistry and Physics, said ...

Belvieu Alternative NGL pipeline partners WhiteWater Midstream, MPLX LP (45%), and Rattler Midstream LP, have sanctioned its ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Young Professionals of Odessa will have its Permian Basin Leadership Symposium Feb. 27 at the Odessa Marriott Hotel & Conference Center. Blake Fosse, vice chair of Young Professionals and assistant ...